# venVelo

venVelo is an Asset Manager based in Orlando, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Orlando, United States
- **Region:** North America
- **Address:** Orlando, FL, United States
- **Founded:** 2012
- **Assets under management:** Undisclosed
- **Website:** venvelo.com
- **LinkedIn:** https://www.linkedin.com/company/venvelo

## Regulatory record

- **Reports private funds:** No

## About

venVelo is the premier early-stage venture fund in Florida for innovative companies seeking capital and mentoring. It launched in 2012 and established itself as one of the most active venture funds in central Florida. The board consists of entrepreneurs with previous exits of over $200 million and executives experienced in sales, marketing, HR, and finance. venVelo prefers early-stage pre or early revenue companies that can benefit from mentorship and looks for coachability in entrepreneurs.

## Sectors

- Enterprise Software
- Digital Health
- FinTech
- Industrial Tech
- Real Estate

## People

- Richard Licursi — CEO and President
- Peter McAlindon — Co-founder and Chief Community Relations Officer
- Michael Wolsonovich Jr. — Treasurer and VP
- Clay Biddinger — Board Member

## Questions

### Who makes investment decisions at venVelo?

Richard Licursi, as CEO and President, leads investment decisions at venVelo. Co-founder Peter McAlindon contributes to deal sourcing and community relationships through his role at Rollins College. Michael Wolsonovich Jr., as Treasurer and VP, oversees the firm's real estate and private equity holdings, while board member Clay Biddinger provides strategic guidance, particularly on energy-related investments through his operating experience at Kenyon Energy.

### Does venVelo invest in both venture capital and real estate?

Yes. venVelo operates a hybrid platform that deploys capital into early-stage venture deals across technology sectors while simultaneously managing a commercial real estate portfolio through affiliated entities. The real estate holdings, concentrated in the Southeastern United States, are managed by Michael Wolsonovich Jr. and Jon Sahn. This dual mandate is unusual for an asset manager of venVelo's scale and more closely resembles a family office architecture.

### What is venVelo's relationship with Rollins College?

venVelo maintains a strategic partnership with Rollins College Crummer Graduate School of Business through the annual Venture Plan Competition, which provides a pipeline of early-stage companies and student entrepreneurs. Co-founder Peter McAlindon serves as Entrepreneur-in-Residence at Rollins, embedding the firm directly into the university's entrepreneurial ecosystem. This relationship functions as a proprietary deal-sourcing mechanism distinct from the broader Florida angel network.

## Related profiles

- [Venturra Capital](https://altss.com/profile/venturra-capital)
- [VEON Ventures](https://altss.com/profile/veon-ventures)

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Last updated: 2026-08-11T15:08:32.892Z

Canonical page: https://altss.com/profile/venvelo

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